Commodity Market Timings

Commodity Market Timing: The market operates Monday to Friday in two sessions: morning (9:00 A.M. - 5:00 P.M.) and evening (05:00 P.M. - 11:30 P.M./11:55 P.M.).
OPEN ACCOUNT
Commodity Market Timings
OPEN ACCOUNT
3 min
25-April-2025

In India, the commodity market generally operates in two sessions. The morning session runs from 9:00 AM to 5:00 PM, while the evening session starts at 5:00 PM and closes at 11:30 PM (or 11:55 PM during daylight saving months).

What is the commodity market

The commodity market is a financial marketplace where derivative contracts (like futures and options) of a wide range of commodities are bought and sold. In India, commodities are broadly classified into two categories: Agricultural and non-agricultural commodities.

Agricultural commodities include cereals, pulses, oils, oil seeds, fibres, and spices, among others. Non-agricultural commodities include crude oil, natural gas, base metals, and precious metals like gold and silver.

The commodity market enables traders and investors to generate returns by capitalising on the price movements in commodities. It also provides commodity wholesalers and retailers a platform to hedge against potential adverse price movements.

What is the commodity market timing in India?

Unlike the stock market, commodity markets operate on varied schedules depending on the type of commodity being traded. In India, market hours for commodities are influenced by global trading sessions, namely the Asian, European, and American markets—each with distinct characteristics and activity levels.

Some commodities, such as gold and crude oil, enjoy extended trading hours due to their global demand and high trading volumes. Being aware of these specific timings allows traders to plan more effectively, respond swiftly to price movements, and make informed decisions that can enhance their profit potential.

A solid understanding of commodity trading hours also supports better market analysis, as traders can align their strategies with peak trading sessions, monitor trends more accurately, and execute trades at optimal times for maximum gain.

Ideal time for commodity trading

The commodity market timings in India differ from the timings of the equity market. Here is a brief outline of when the commodities segment opens and closes for trading in India.

1. Pre-market session

The pre-market session is a 14-minute special trading session from 8:45 AM to 8:59 AM. During this session, traders and investors can cancel their pending orders before the market opens for regular trading. However, not all commodity exchanges host a pre-market session. Only the Multi Commodity Exchange of India (MCX) has a pre-market session.

2. Normal trading hours

The normal commodity market timings are divided into two sessions — the morning session and the evening session. The morning session lasts from 9:00 AM to 5:00 PM, whereas the evening session lasts from 5:00 PM to 11:30 PM. However, when daylight saving time (DST) is active in the US, the evening session lasts from 5:00 PM to 11:55 PM.

In addition to this, the commodity market timings also vary depending on whether the commodity is a regular agricultural commodity, an internationally referenced agricultural commodity, or a non-agricultural commodity. The table below outlines the different trading hours for each category.

Category of commodity

Commodity market timings

Regular agricultural commodities

9:00 AM to 5:00 PM

Internationally referenced agricultural commodities

9:00 AM to 9:00 PM

Non-agricultural commodities

9:00 AM to 11:30 PM - With daylight saving time (DST)

9:00 AM to 11:55 PM - without daylight saving time (DST)

 

3. Muhurat trading session

Similar to the equity segment, commodity exchanges also conduct a special one-hour trading session each year on the day of Diwali. This session is termed the Muhurat trading session and is usually held from 6:00 PM to 7:15 PM on Diwali.

However, the actual timings may vary, and the exchanges will notify you separately each year. Since the day of Diwali is highly auspicious, traders and investors widely believe that investing in securities during this special trading session can bring them financial prosperity.

What are the different commodity exchanges available in India

Before we look at the commodity market timings, here is a quick rundown of the different exchanges where commodity derivative contracts are traded regularly.

The Multi Commodity Exchange of India (MCX) and the National Commodity and Derivatives Exchange (NCDEX) are the most popular bourses among this list of commodity exchanges. They witness strong trading volumes in this market segment each day.

Pro tip

Invest in equities, F&O, and upcoming IPOs effortlessly by opening a Demat account online. Enjoy a free subscription for the first year with Bajaj Broking.

demat

Trading hours for major commodity exchanges

The general trading hours for commodity exchanges in India are divided into two trading sessions:

  • Morning sessions: 10:00 A.M. to 11:30 A.M.
  • Evening sessions: 5:00 P.M. to 11:30 P.M.

Trading is held from Monday to Saturday, excluding holidays. For better understanding, let us observe the trading hours of major commodities through the table below:

 Commodity

Trading Days

Morning Session

Evening Session

Gold

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Silver

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Copper

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Zinc

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Nickel

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Lead

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Crude Oil

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Natural Gas

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

Aluminium

Monday to Saturday

10 A.M. to 11:30 A.M.

5 P.M. to 11:30 P.M.

 

What are the trading holidays for the commodity market

The commodity market is open for trading on all weekdays, i.e., from Monday to Friday. It remains closed on Saturdays and Sundays. The market remains closed on all notified public and national holidays.

However, the commodity market will be open for trading for one session alone on certain public holidays. For more detailed information on these dates, you can check the commodity market trading calendar hosted on the online platforms of the commodity exchanges in India.

Also read: NSE Holidays

Factors affecting commodity market timings

Have you ever wondered why the commodity markets have different timings than the traditional stock market? That’s because commodities are influenced by several factors, such as global supply and demand, time zone disparities, and seasonal variations. These factors collectively shape the operational hours of commodity markets worldwide. Let’s understand them in detail:

1. Global supply and demand

One of the most significant influences on commodity market timings is global supply and demand. For instance, if there is a sudden geopolitical event that causes a spike in demand for crude oil, trading hours may be extended to accommodate the increased activity. Such fluctuations ensure the market remains responsive and liquid.

2. Market regulations

Regulatory bodies are responsible for defining trading schedules for various commodities. These rules ensure that trading is conducted in a fair, transparent, and orderly manner. Regulators may adjust market hours to reflect changes in trading behaviour, international practices, or to maintain market integrity.

3. Time zone differences

As commodities are traded across international borders, differences in time zones have a significant impact on market timings. Activity may vary depending on whether the Asian, European, or American markets are open, which can influence when certain commodities are most actively traded.

4. Economic and political events

Major economic and political developments can also affect commodity trading hours. Policy changes, elections, or natural disasters in key producing regions may cause sudden price volatility, prompting exchanges to extend trading hours or adjust them temporarily to allow traders to respond to market changes.

5. Seasonal demand

Certain commodities, particularly agricultural products, experience seasonal fluctuations in demand. For example, during planting or harvesting seasons, the trading volume of crops may increase, leading to a temporary extension of trading hours to reflect market interest and activity.

Also read: BSE Holidays

Best times to trade in the commodity market

Numerous studies have revealed that traders who effectively time the market often gain the most from commodity markets. This requires an understanding of the periods during which commodity trading is the most favourable. Let’s see some of the best times when you can trade to maximise your profit potential:

1. Opening hours

The initial hours after the commodity market opens offer high liquidity and trading volumes. These opening hours are considered one of the best trading times, as trades are executed easily due to increased market activity.

2. Overlapping trading hours

When trading hours overlap between markets, such as Asian and European markets, trading activity intensifies, particularly for commodities like gold and crude oil. This period is also a good MCX trading time to enter or exit positions.

3. Economic releases hours

Economic data releases, such as GDP numbers or interest rate announcements, trigger significant price movements in commodities. These times also offer lucrative trading opportunities for informed traders.

4. Seasonal factors

Seasonal fluctuations, influenced by weather patterns or agricultural cycles, impact commodity demand. Understanding these seasonal trends allows traders to capitalise on predictable price movements, like increased natural gas demand during winter for heating purposes.

5. Volatile periods

While market volatility poses challenges, it also offers trading opportunities. Periods of heightened volatility often result in price fluctuations. These price changes allow traders to profit from rapid price movements through well-timed trades.

Conclusion

The commodity market timings are quite flexible, making it a convenient segment for most traders. The division of the market into morning and evening sessions offers traders and investors — even those with full-time jobs — a chance to participate in commodity trading.

However, it is essential to note that trading in commodities can be quite complex, especially for beginners. If you are interested in this market segment, you must first understand the structure of the commodity market before you

Related Articles

What is Upper and Lower Circuit in Share Market
What are Swaps and Options
What is Pledge for Margin
How to Close Trading Account
What is Share Market
What are Anchor Investors
What is Ask and Bid in Share Market

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Standard Disclaimer

Investments in the securities market are subject to market risk, read all related documents carefully before investing.

Research Disclaimer

Broking services offered by Bajaj Financial Securities Limited (BFSL) | Registered Office: Bajaj Auto Limited Complex , Mumbai –Pune Road Akurdi Pune 411035 | Corporate Office: Bajaj Financial Securities Ltd,1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014| CIN: U67120PN2010PLC136026| SEBI Registration No.: INZ000218931 | BSE Cash/F&O (Member ID: 6706) | DP registration No : IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403|

Research Services are offered by Bajaj Financial Securities Limited (BFSL) as Research Analyst under SEBI Regn: INH000010043. Kindly refer to www.bajajfinservsecurities.in for detailed disclaimer and risk factors

This content is for educational purpose only.

Details of Compliance Officer: Ms. Kanti Pal (For Broking/DP/Research)|Email: compliance_sec@bajajfinserv.in/Compliance_dp@bajajfinserv.in |Contact No.: 020-4857 4486 |

Investment in the securities involves risks, investor should consult his own advisors/consultant to determine the merits and risks of investment.

Frequently asked questions

Do commodities trade 24 hours a day?

No. In India, commodities do not trade 24 hours a day. Commodities are traded from Monday to Saturday during specific market hours, which are divided into morning sessions (from 10 A.M. to 11:30 A.M.) and evening sessions (from 5 P.M. to 11:30 P.M.).

What time can you trade commodities?

In India, commodity trading is open from Monday to Friday and is divided into two main sessions. The morning session runs from 9:00 AM to 5:00 PM, while the evening session continues from 5:00 PM until 11:30 PM. During daylight saving time in the United States, the evening session is extended until 11:55 PM.

Is commodity trading safe?

Commodity trading is generally considered to be more stable than equity stocks. However, many investors find equity markets easier to understand and potentially more profitable. Whether or not to invest in commodities should depend on your individual risk tolerance rather than emotions or market hype.

What is the timing of the commodity market?

In India, the commodity market operates in two sessions. The morning session begins at 9:00 AM and ends at 5:00 PM, followed by an evening session that runs from 5:00 PM to 11:30 PM. This timing may extend to 11:55 PM during the daylight-saving period observed in the United States.

Is MCX working on Saturday?

No, MCX is not operational on Saturdays. Trading activities occur from Monday to Friday, excluding Sundays and holidays announced in advance by the Exchange and communicated to its members.

What is MCX market timing?

MCX market timing includes a special session from 8:45 am to 8:59 am for order cancellations. The normal trading session runs from 9:00 am to 11:30 pm, extending to 11:55 pm during daylight savings. Agri-commodities trade until 5:00 pm, while other commodities are available until 11:30 pm or 11:55 pm.

Show More Show Less